Odido Postpones Amsterdam IPO on Investor Reaction, Reuters Says
Odido offices in The Hague, Netherlands.
Photographer: Jeroen Jumelet/AFP/Getty ImagesOdido, the Dutch telecommunications group, has postponed plans for an initial public offering in Amsterdam, after a muted response from investors and concerns over market volatility, according to a Reuters report.
The mobile network, owned by buyout firms Apax Partners and Warburg Pincus, has paused the plans with no firm timeline on when an offering might be revived, Reuters reported, citing two people familiar with the matter.